The end of Covid tax breaks might mean a higher tax bill for 2022. Congress chose not to extend the tax breaks implemented during the Covid-19 pandemic. As a result, some who received refunds in recent years may now owe instead. Changes affecting your taxes as quoted from a recent *Wall Street Journal article are:… Continue reading Will Your Tax Refund Be Smaller This Year?
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How to Save $1 million (by Age)!
The beginning of a new year causes many of us to consider goals and dreams for the months ahead. Perhaps a goal you have is saving more for retirement. While this is a good goal, it can be easy to lose motivation and focus if the dream is not specific. Instead of vague goals, be… Continue reading How to Save $1 million (by Age)!
Secure 2.0: More Changes to Retirement Savings
The SECURE 2.0 Act of 2022 was signed into law December 29, 2022 and it adds many new retirement plan provisions. Some are minor and offer little change and some of the changes don’t take effect for 10 years. There are however, a few changes that we think everyone should know about now. Required Minimum… Continue reading Secure 2.0: More Changes to Retirement Savings
Tackle Credit Card Debt
Stressing about credit card debt can have a significant impact on your overall well being and outlook on life. According to an American Household Credit Card Debt study, the amount of credit card debt owed by US consumers in the third quarter of 2022 was $925 billion. If you desire to accumulate wealth, debt is… Continue reading Tackle Credit Card Debt
